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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Dec 03, 2002
Page
17
Statistics Canada reports homeowners spent an average 2580 on repairs and renovations in 2001 a 37 percent rise since 1999. total expenditures reached 20.4 billion with 64 percent contracted out and 36 percent materials bought by homeowners.
Canada’s largest toy maker Irwin Toy Ltd announces staff cuts and a creditor protection filing under the Companies' Creditors Arrangement Act in Ontario. Shelter sought in the United States as the company undergoes a restructuring process with hope of saving jobs amid interest from buyers for parts of the business.
Canadian employers abandon Christmas cash bonuses as outmoded. About 19 percent provide cash gifts with amounts from 50 to 700 dollars, while 70 percent still host dinners and dances paid by employees. Time off emerges as a popular noncash perk.
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